Out of the EU countries, Cyprus, Malta and Romania have the highest values, over 20% (the EU average is 5.8%) of the Water Exploitation Index (WEI), 20% being the threshold from which the index shows water deficit, writes on Friday Eurostat, the statistics office of the EU. The Water Exploitation Index (WEI+) measures total freshwater consumption as a percentage of renewable freshwater resources (groundwater and surface water) at a given time and place. It quantifies how much water is abstracted and how much water returns to the environment after use. The difference between water abstraction and return is considered as water use and illustrates the pressure on renewable freshwater resources due to water demand. It is true, the regional differences and the seriousness of the water deficit during summer months are not visible in these annual national average values. Last year, one of the engines for inflation in Romania was the lack of products due to lengthy drought. In Romania, a World Bank report shows that water suppliers do not have the training and the capacity to manage droughty periods. Thus, during the drought of 2022, the Romanian Water Association and the National Authority for Regulation for Community Services for Public Utilities – ANRSC received several referrals to services suppliers in Romania with regards to the challenges they face to keep water supply. The Romanian officials say that safe drinkable water supply needs more work during droughts, but supplementary personnel hiring is not possible. Starting with 1951, Romania has passed through several prolonged droughty periods and two droughts at national level (2012 and 2022). The drought indicators for medium and long terms show that Romania has experienced longer periods of drought at least for three times between 1951 and 2022. We mention the fact that 22nd March is the World Water Day.
It's almost impossible to think about anything not related to elections this weekend but if you should need some distraction, there are options. Happening now is the European Film Festival, screening recent productions from the continent, very varied in theme, tone, and genre. The fest is playing Bucharest, Sfântu Gheorghe and Timișoara until Sunday and […]
Modernization work is ready to start at Bucharest’s Henri Coandă International Airport, also known as the Otopeni Airport, following an investment of over RON 112.4 million (some EUR 22 million) led by the National Company Bucharest Airports (CNAB), news agency Agerpres reported. The company...
Paris Hilton, who will be present at IntenCity Craiova, a festival organized this summer between June 26–29, sent a message to her fans in Romania. "I'm excited to perform at the IntenCity Festival on June 28. It's going to be so much fun! See you there," Paris Hilton told those who will come to Craiova. […]
AMAIS (Association for Alternative Methods of Social Integration) has officially launched the SeeYou mobile app, an innovative platform that connects visually impaired individuals with volunteer guides who can accompany them during everyday activities - from medical appointments or shopping to park strolls or cultural events. SeeYou is the first mobile app of its kind in […]
SAI Broker, a Romanian investment management company part of BRK Financial Group, listed a new ETF on the Regulated Market of the Bucharest Stock Exchange (BVB) on May 16, under the stock symbol BKBETETF. The ETF aims to fully replicate the structure of the main index, BET. The BET index reflects the evolution of the […]
An investment of over RON 1.26 billion, approximately EUR 254 million, is set to be made in the Port of Constanța, to increase maritime transport capacity and the volume of commercial exchanges. The funds will be used for the construction of a quay and the development of a port area covering 550,000 square meters. The […]
